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Staff

Editorial

Our team of enterprising editors bring years of experience covering the fleet industry. We offer a deep understanding of trends and the ever-evolving landscapes we cover in fleet, trucking, and transportation.  

News•by Staff•August 6, 2018

TradeRev, CarsArrive Offer Free Vehicle Transportation

TradeRev is offering free vehicle transportation for dealers purchasing vehicles in qualifying states. TradeRev and CarsArrive Network are business units of KAR Auction Services Inc.

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News•by Staff•August 2, 2018

KAR Appoints President of Service Contract Business Unit

Edmund Field will act as president of the company, which offers extended service contract protection plans for pre-owned vehicles at independent used car dealerships and at small franchise retail automotive and power sport dealers.

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News•by Staff•August 1, 2018

IAA Adds Tampa-Area Auction

The new 9,000-square-foot facility will sit atop 40-acres of land and marks the 11th IAA facility in Florida.

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News•by Staff•August 1, 2018

Vans, Pickups, and Sporty Cars Drive Down Weekly Depreciation

Depreciation rates fell to two-month lows for both cars and trucks last week, propelled by strong performances from vans, pickups, and sporty cars.

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News•by Staff•July 31, 2018

Values of Discontinued Vehicles Can Surge at Auction

As an example of this analysis, Black Book data shows that the Toyota FJ Cruiser, whose last model-year was 2014, has actually gone up in value by 25.7% compared to other vehicles that were listed in its segment.

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News•by Staff•July 30, 2018

Analysts to Discuss Remarketing Trends at 2018 IARA Summer Roundtable

Tom Kontos and Charles Chesbrough will lead a discussion on economic trends affecting the remarketing industry at the upcoming 2018 IARA Summer Roundtable.

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News•by Staff•July 27, 2018

IAA Opens Modernized Facility in Kansas

The new facility offers more than twice the storage of the previous Wichita-located facility, and features expanded drop zones and an improved vehicle inspection center.

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News•by Staff•July 26, 2018

Auction Volume Down 2.3% in June

Auction volume was down 2.3% year-over-year for units up to five years old, and on a month-over-month basis, volume was down 16.3%, according to J.D. Power’s July Used Car and Light Truck Guidelines.

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News•by Staff•July 25, 2018

Manheim Express Releases Nationwide

Manheim Express, a mobile app that allows dealers to list and sell inventory from their lots or in-lane, is now available nationwide after an eight-month pilot, according to a company announcement.

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News•by Staff•July 24, 2018

KAR Auction Services Joins Blockchain Consortium

KAR Auction Services has joined the Mobility Open Blockchain Initiative (MOBI), a consortium of global automotive industry leaders exploring block chain technology’s potential use in the digital mobility ecosystem.

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